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Look Out, Competition! Nio Sets Its Sights on Bigger Market Share

TheMotleyFool

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Look Out, Competition! Nio Sets Its Sights on Bigger Market Share: https://g.foolcdn.com/editorial/images/736535/nio-slashes-prices.png

Fool.com contributor and finance professor Parkev Tatevosian gives his take on why competitors need to watch out for (NYSE: NIO).

*Stock prices used were the afternoon prices of June 13, 2023. The video was published on June 15, 2023.

Source Fool.com

NIO Inc. Stock

NIO Inc. shows a slight decrease today, losing -€0.034 (-0.650%) compared to yesterday.
The community is currently still undecided about NIO Inc. with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 5 € is below the current price of 5.23 € for NIO Inc., so the potential is actually -4.43%.

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